Transforming the Structure of a Health System
Declining margins, a slow economic recovery, and the forecast of lower Medicare payments are prompting hospitals to adopt new business models that connect quality to financial success.
By Patrick Reilly
Special Section: Chair Profile
An Open Book for Leadership
HFMA's 2012-13 Chair, Ralph E. Lawson, FHFMA, CPA, wants to keep the Association at the forefront of the changes facing health care today and beyond.
The Value of Mobile Apps in Health Care
Learn how mobile applications and technologies are improving quality of care, patient satisfaction, safety, and convenience-and reducing costs.
By Jeni Williams
Web Extra: Learn what precautions hospitals should take to protect security of mobile apps and devices in their organization.
Avoiding the Performance Improvement Trap
U.S. hospitals that have implemented highly touted performance improvement tools have nonetheless continued to see operating expenses grow. The problem may be in how they have implemented these tools.
By Robert Betka
Web Extra: Healthcare leaders have deployed a number of performance improvement tools for various purposes over the past three decades.
Redesigning Nurse Staffing Plans for Acute Care Hospitals
At Johnson City Medical Center in Tennessee, a team approach to better managing nurse staffing not only saved $7 million annually in contract labor costs, but also led to increased nursing satisfaction.
By Patricia Niday, Yolanda (Yoli) Otero Inman, Lisa Smithgall, Shane Hilton, Sharron Grindstaff, Debbie McInturff
Web Extra: Learn about other strategies for maximizing staffing for nursing departments, and view addtional data regarding the success of Johnson City Medical Center's efforts.
Transforming Labor-Management Practices Through Real-Time Analytics
Catholic Health Partners used real-time reporting and metrics to enhance its workforce performance, saving the organization $13.5 million in operating costs.
By Kathye Habig Nippert, Brian Graves
Web Extra: Catholic Health Partners delivers labor management data in reports that are shared across regions so local managers can make corrections to their labor practices.
Ensuring the Validity of Labor Productivity Benchmarking
When comparing a hospital's labor productivity with that of peer hospitals, finance leaders should keep in mind some limitations of the most widely used metrics.
By Mo Kirtane
Physician Alignment Strategies and Real Estate
Hospitals acquiring real estate associated with physician alignment should understand the implications on ambulatory network planning, service delivery and distribution, and real estate capital planning.
By Thomas Czerniak
Developing Work RVUs for Production-Based Physician Compensation Programs
Work RVUs production compensation programs need to be designed and administered correctly to avoid miscalculations in payment and regulatory noncompliance.
By Herd Midkiff, Elizabeth Cordaro
Targeted Population Health Management Can Help a Hospital Grow Market Share
By implementing a targeted and measurable employer wellness strategy, St. Luke's Hospital has improved its reputation as a hospital of choice for employers and employees in the greater St. Louis area.
By Gary Olson, Pearson Talbert
Hospital-Physician Partnerships: A Fairy Tale?
To work together well, clinical and finance leaders should recognize cultural causes of tension, conduct honest conversations to build trust, and acknowledge their own blind spots to understanding.
By Kathleen Sanford
Integration: From Structural to Functional
Hospitals and physician practices can be structurally or functionally integrated, but those that are structurally integrated often do not function as integrated health systems.
By Marc Halley
From the Chair
Healthcare finance leaders have a responsibility today to guide others who are searching for solutions to the healthcare cost challenge.
By Ralph Lawson, FHFMA, CPA
From the President
A Time for New Beginnings
This is a time when we can choose the ways to move forward. The key is simply to start moving.
By Joseph Fifer, FHFMA, CPA
From the Editor
The Drive to Learn
Healthcare finance leaders understand the importance of continuous learning and experimentation.
By Robert Fromberg, Editor-in-Chief
Transition in Leadership: A Conversation with HFMA's Dick Clarke and Joe Fifer
HFMA's new president and CEO, Joseph J. Fifer, and former president and CEO, Richard L. Clarke, share their perspectives on the value of HFMA and how its members can promote health system change.
Eye on Washington
Will "Local" Hospitals Continue to Be the Center of the Delivery System?
In response to unsustainable cost growth, employers and carriers are deploying a number of tactics to reduce healthcare total expenditures and improve quality.
By Chad Mulvaney
Web Extra: In response to unsustainable cost growth, employers and carriers are deploying a number of tactics to reduce healthcare total expenditures and improve quality.
Integrating Physician Perspectives into Business Intelligence
Creating a physician-driven health system requires capturing the right data, analyzing patient and practice information, establishing physician leaders, and fostering a physician leadership culture.
By Dean Coddington, Keith Moore
Value: Locating the Hidden Savings in Clinical Care
Taking steps to reduce preventable complications will help providers reduce mortality rates and healthcare costs and will improve the organization's financial performance.
By John Byrnes
5 Ways To...
5 Ways to Decrease Recriutment Costs
Here are five recruitment metrics every hospital should track to reduce costs, enhance efficiency, and protect revenue.
By Mike Soisson
Variability in Service Line Costs for Heart Failure and Shock
By analyzing the portion of total costs allocated to each service within a given MS-DRG, utilization patterns may detected that can lead to improved cost efficiencies.
By William Shoemaker
Member Spotlight: National Park Education
Michael Rose and Rachel Rowe: Providing Better Care at an Affordable Cost
Publication Date: Friday, June 01, 2012